Saturday, December 3, 2011

Corzine to testify about $1.2B missing from bankrupt MF Global

The Daily Mail reports a congressional panel has subpoenaed former Sen Jon Corzine to testify next week about his role leading MF Global, a brokerage firm that collapsed this fall after a disastrous bet on European debt.

The Dec. 8 hearing will be a rare moment in Washington. Congressional historians and Capitol Hill insiders can't recall another time when a former member of Congress was summoned by his former peers to testify about a matter under federal investigation.


Where's the money, Jon?